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Fixed odds are whatever the odds were at the time of your bet. They will not change for your bet, even if the odds change prior to the game or event. Futures: Bets that have been placed in advance to predict the outcome of a future event. Handicap: Spread Hang Cheng: Asian equivalent for ‘Point Spread’. Home field advantage: The team that is playing on their home field has an advantage because of familiarity and do not need to travel anywhere. Index Betting: Spread Betting. Lay a Bet: A bookie that accepts a bet. LBO: Licensed Betting Office UK Linemaker: A person who sets the common making a bet lines. Lines: The odds which are provided to the bettor. Walk: US term for an almost certain winner. Money Line: A number given by the linemaker you want to bet if you want to win $100.
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